GOLD
Click for more information
0.51% $1,391.7 gold futures

is the selling momentum running out of puff, page-8

  1. yellowgsum
    11,522 Posts.
    clock Created with Sketch.
    12/09/08
    10:31
    Post #: 4258344

    Bit risky to go long, rewards dont match the losses.

    Only thing that can save Gold temporarily is an emergency US rate cut, and the US market along with Bonds have got a way to go. On checking through past cycles, they usually let the market collapse without stepping in at least once. Seems like December at earliest.


    Value at posting: $0.00
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS A$17 Million Cash Sale of Citadel Joint Venture Interest
right-arrow Created with Sketch.
NEWS US fracking support boosts outlook for Australian gas stocks
right-arrow Created with Sketch.
NEWS $2.2M Placement to Expand Resources and Continue Exploration
right-arrow Created with Sketch.
NEWS Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat
right-arrow Created with Sketch.
NEWS PLS: HotCopper's Most Discussed Stock of The Week!
right-arrow Created with Sketch.
NEWS Rock Chip results up to 170g/t Au on Komboro at Napie
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.